This paper examines empirically the impact of diversification by M&As on the insurance price of acquiring firms in the US…
Pang-Ru Chang, Jin-Lung Peng and Chiang Ku Fan The Geneva Papers Volume 36, Issue 1 (January 2011)
This paper examines empirically the impact of mergers and acquisitions on the capital allocation of newly formed insurers as well…
One of the most significant economic developments of the past decade has been the convergence of the previously separate segments…
The expert group "Insurance and Pensions" discussed the state-of-the-art of the (EU) insurance market with members of the European Commission…
Contemporary business outsourcing has extended beyond manufacturing to include service sector industries, including insurance. There are developed theoretical arguments that…
This paper attempts to build on earlier attempts by Rai(1996), Donni and Fecher (1997), and Katrishen and Scordis (1998) to…
The fluctuations in the price of reinsurance during the past ten years have been documented recently in the business literature.…
The reinsurance market is the secondary market for insurance risks. It has a very specific organization. Direct insurers rarely trade…
This paper examines the merger of two stock companies under the premise, due to Bruno de Finetti, that the companies…
Purchasing reinsurance reduces insurers’ insolvency risk by stabilizing loss experience, increasing capacity, limiting liability on specific risks, and/or protecting against…
Purchasing reinsurance reduces insurers’ insolvency risk by stabilizing loss experience, increasing capacity, limiting liability on specific risks, and/or protecting against…
This paper empirically explores some implications of adverse selection for the demand for reinsurance. In most reinsurance transactions, the primary…
This paper examines the existence of an underwriting cycle in property-liability insurance for the USA over the recent period 1982-2001…
Cassandra R. Cole,William L. Ferguson,Ryan B. Lee,Kathleen A. McCullough Draft July 2008